Kimia Farma was the first pharmaceutical industry company in Indonesia established by the Dutch Indies Government in 1817. The name of this company was originally NV Chemicalien Handle Rathkamp & Co. Based on the policy of nationalization of ex Dutch companies at the beginning of the independence period; the Government of the Republic of Indonesia merged in 1958 a number of pharmaceutical companies into PNF Bhinneka Kimia Farma. Then, on 16 August 1971, the form of PNF as legal entity was changed to Limited Liability Company and the company’s name was changed to PT Kimia Farma (Persero).
On 4 July 2001, PT Kimia Farma (Persero) changed again status to public company, PT Kimia Farma (Persero) Tbk, hereinafter referred to as Company. Simultaneously with this change, the Company was listed at Jakarta Stock Exchange and Surabaya Stock Exchange (currently both stock exchanges had been merged and now named Indonesia Stock Exchange). With tens of years of experience, the Company has developed into a company with integrated health service in Indonesia. It has been increasingly engaged in the development and building of the nation, particularly the building of health of the Indonesian community.
In 2020, through the inbreng process implemented by the Indonesian Government to PT Bio Farma (Persero) as part of the implementation of Government Regulation No. 76 of 2019 dated October 15, 2019 concerning the Addition of State Capital Participation of the Republic of Indonesia into the Share Capital of the Limited Liability Company (Persero) PT Bio Farma (Persero) and in accordance with the approval of the Minister of Law and Human Rights of the Republic of Indonesia with Decree No. AHU-0017895.AH.01.02 dated February 28, 2020 and has been notified to, received and recorded in the Legal Entity Administration system database of the Ministry of Law and Human Rights of the Republic of Indonesia with its letter No. AHU-AH.01.03-0115053 dated February 28, 2020, then 4,999,999,999 Series B shares or 90.025% of Kimia Farma shares previously owned by the Indonesian Government have been transferred to PT Bio Farma (Persero). In addition, there was a change in the company name from PT Kimia Farma (Persero) Tbk to PT Kimia Farma Tbk, effective as of February 28, 2020, as stated in the Deed of Minutes of the EGMS Number 18 dated September 18, 2019 and the formation of the BUMN Pharmaceutical Holding in which Kimia Farma is a member.